The Boards of the IMF and World Bank have each established working groups to review the processes for selecting the Managing Director and President of the respective institutions. The Executive Boards will report to their Boards of Governors at the September Annual Meetings. The Boards are not likely to seek external input into the process. Details of directors in the working groups are on the Fund and Bank websites.
The IMF and the World Bank are increasingly engaged with the challenge of addressing how tax avoidance and evasion affect developing countries, but need to address the role played by multinational enterprises and tax havens in exacerbating inequality and undermining countries’ domestic revenues.
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